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but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a meeting between the leaders at the appropriate time. that seems like it's right now. >> it does. to me, what you are seeing with the president and the democrats, is sort of an attempt to run out the clock. i think they think they gain leverage if the pressure builds. you are hearing a lot of prominent democrats saying, we should go over the fiscal cliff and let the taxes go up, which would be a huge mis
but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to...
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but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of the year. frankly you're hearing a lot of prominent democrats saying we should go over the fiscal cliff and let taxes go up, which would be a
but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing...
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economy. i think consumers are where it's at. we just got to get over this fiscal cliff thing. >> jonathan capehart. >> i learned president morsi of egypt is fanatical about "planet of the apes." >> that is really all you need to know. jonathan, thank you so much. rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>> together again. mitt romney makes his way to the white house. it's not exactly the way he wanted to get there. but can something constructive come out of a private lunch between president obama and the man he defeated just three weeks ago? that's right. that was just three weeks ago. >>> also this morning, a deep dive into america's longest war. look into lessons learned and the sacrifices made by troops at one combat outpost. tell us about what's been accomplished and what's not in more than a decade of fighting. as the country wakes up obsessed with numbers and winners, for the lottery, that, we've got a very i
economy. i think consumers are where it's at. we just got to get over this fiscal cliff thing. >> jonathan capehart. >> i learned president morsi of egypt is fanatical about "planet of the apes." >> that is really all you need to know. jonathan, thank you so much. rana, steve, michael and everybody, thank you for watching today. if it's "way too early," it's "morning joe." chuck todd is next with "the daily rundown." >>>...
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and will it get the economy going, no. so regardless of pledge or no pledge, i don't have a horse in this race, i'm part of the common sense party here, we have to fix the problem and raising taxes doesn't fix that problem. >> warren buffett came out this week and said the exact opposite. no disrespect to you but he's worth $40 billion and is considered to be the most successful investor in the history of mankind. he says throughout his life, throughout his career, there have been many periods with much higher tax rates, it's never made a dicky bird's difference to people's willingness to invest and that the combination of reduced spending and a few higher taxes for the wealthier people in america is the perfect answer. i just don't get a coherent argument why you can't do a bit of both. >> here's the issue, is that we have never had a period with more than 1% of the gdp in terms of tax hikes since 1969. that was the last time that happened and that put us into a recession and then we had several decades of increasing unem
and will it get the economy going, no. so regardless of pledge or no pledge, i don't have a horse in this race, i'm part of the common sense party here, we have to fix the problem and raising taxes doesn't fix that problem. >> warren buffett came out this week and said the exact opposite. no disrespect to you but he's worth $40 billion and is considered to be the most successful investor in the history of mankind. he says throughout his life, throughout his career, there have been many...
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. >> this analyst says what is going on in europe right now is the main issue in the global economy. even overshadowing the fiscal cliff. the markets today did not get a huge boost from the greek deal because they expected that it would happen. but they would have take an real hit had it not. bret? >> bret: amy kellogg in london. thank you. black friday shoppers got plenty of bang for the buck. that is later in the grapevine. up next, republicans try to zero in on hispanic voters. why is it that the most impressive technology often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. >> bret: republicans are already looking ahead to the next election. in 2014. they are trying to do something about the low numbers with hispanics. correspondent doug mckelway on
. >> this analyst says what is going on in europe right now is the main issue in the global economy. even overshadowing the fiscal cliff. the markets today did not get a huge boost from the greek deal because they expected that it would happen. but they would have take an real hit had it not. bret? >> bret: amy kellogg in london. thank you. black friday shoppers got plenty of bang for the buck. that is later in the grapevine. up next, republicans try to zero in on hispanic voters....
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on those at the top 2% and above so that we can achieve balanced deficit reduction and invest in our economy. if they chose education over tax cuts for those at the top, they chose clean energy. so these are -- that's what this election was about. it makes a difference to actually run on something. >> let's talk about the inauguration, what's going to be obviously second term inaugurations are just smaller. they just are. that's just a fact. what's the attempt to make this second inaugural seem different? what will make it stand out? >> well, you know, the ro ses has just started. we're just three weeks from the election -- >> who is running? >> the same people that were involved last time will be involved this time. lots of discussions are taking place. it will be a smaller scale, but we're just about two months out. we have a lot of work it to do 0 but the president is very much looking forward to giving that speech. >> well, the construction is already apparent all over washington. stephanie cutter, nice to see you. >> nice to see you, chuck. >> we will be checking in again, thank you. >>
on those at the top 2% and above so that we can achieve balanced deficit reduction and invest in our economy. if they chose education over tax cuts for those at the top, they chose clean energy. so these are -- that's what this election was about. it makes a difference to actually run on something. >> let's talk about the inauguration, what's going to be obviously second term inaugurations are just smaller. they just are. that's just a fact. what's the attempt to make this second...
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they can't afford to let the economy go off the cliff we're all talking about. they can't afford to have $600 billion of fiscal contraction in this economy. >> so, you and ed seem to disagree about what they might get done but do you disagree on how to invest right now? he says you have to be fully invested here. >> we are fully invested. we bought more equities for our growth clients a number of weeks ago and we bought u.s. equities on weakness because we believe there was an opportunity to. you want the market to go up indefinitely over the long run and i think it will happen. >> i'm curious about your call about avoiding munis. a lot of people see taxes going up on everything else. >> this is what it is. tax-exempt bonds sound good when taxes are going up but the value of the bonds have been bit up because panic buying is pushing our interest rates go up. you'll lose a lot of principle on munis bonds. if you buy one today you have a 1% to 2% chance to the upside and a 40% chance of losing money. that's not good odds. run away from interest rate-sensitive bond
they can't afford to let the economy go off the cliff we're all talking about. they can't afford to have $600 billion of fiscal contraction in this economy. >> so, you and ed seem to disagree about what they might get done but do you disagree on how to invest right now? he says you have to be fully invested here. >> we are fully invested. we bought more equities for our growth clients a number of weeks ago and we bought u.s. equities on weakness because we believe there was an...
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>> as far as economy goes, what could provide the greatest certainty for the economy right now would be for the house to take up the bill that the senate passed. extend those middle class tax cuts. >> mr. krueger, thank you for joining us. appreciate it very much. >> thank you for having me. >> alan krueger from the white house. in the latest score they're calling them physician ka cal cliff jumpers. senator patty murray of washington, congressman peter e defazio and peter welch saying it might make more sense to let the fiscal cliff come. >> sandra levin says this is no time to jump off the cliff. he joins us now from capitol hill. pleasure to have you here. >> thanks for joining us. >> why are your colleagues wrong about this? >> they're not saying jump off the cliff. i think everybody wants to avoid it. they're saying, let's not have a bad deal. no, we should avoid the cliff. everybody should listen to what alan krueger said. we need to take the steps. we need to extend middle class tax cuts that would be the major component of avoiding the impact of going over the cliff. we shoul
>> as far as economy goes, what could provide the greatest certainty for the economy right now would be for the house to take up the bill that the senate passed. extend those middle class tax cuts. >> mr. krueger, thank you for joining us. appreciate it very much. >> thank you for having me. >> alan krueger from the white house. in the latest score they're calling them physician ka cal cliff jumpers. senator patty murray of washington, congressman peter e defazio and...
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still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more money for greece, $57 billion. it took three weeks to come to this conclusion for european and global leaders to say hey, we'll give you the money. it will come in four installments and if they didn't get this, they would be in bankruptcy. as you know, that would be bad for the entire e.u. that country, greece, has an unemployment rate of 25%. 25. >> shepard: big number. >> it's a very big number. >> shepard: thank you. >> thank you. >> shepard: we knew this year's cyber monday would likely set a record, but now we know by just how much. we know how much money people dropped on-line. according to the es
still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more...
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
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this is -- with the economy getting a little bit better, people are feeling better about the economy and are willing to travel. when demand goes up, fares go up. holiday airfares for thanksgiving and christmas, expedia says the average fare is $450, up 10% compared to last year. >> shannon: let's talk about the busiest travel days. we're probably in the midst of one today. how can travelers brace themselves for delays if they find themselves in that predicament? >> today we're looking at the busiest travel day of the thanksgiving season and it's great weather. that's key this year. it's key almost every year because we really -- i think travelers and airports and airlines have got the drill down when it comes to big high volume days. if there's not a weather event, everything seems to go very smoothly. if there's a weather event, you have to prepare for that. before you fly, maybe during christmas, check the weather before you check anything else because it's the weather that's going to slow you down, not necessarily the volume. >> shannon: how can folks make the most of their dollar
this is -- with the economy getting a little bit better, people are feeling better about the economy and are willing to travel. when demand goes up, fares go up. holiday airfares for thanksgiving and christmas, expedia says the average fare is $450, up 10% compared to last year. >> shannon: let's talk about the busiest travel days. we're probably in the midst of one today. how can travelers brace themselves for delays if they find themselves in that predicament? >> today we're...
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just 34% think the economy will be stronger. that pop comes as one of the writers at "forbes" magazine identified a phenomenon called the death spiral states. these are 11 states where private sector workers are outnumbered by people dependent on the government. if you plan on buying a home or investing your money there you may be putting your hard-earned dollars at significant risk. melissa francis. you love it. >> reporter: i never get tired of hearing you say this. megyn: i noticed one of the states is new york. >> reporter: absolutely. there are two factors that put a state on the death spiral list which i like because it's very dramatic. one is one of the things you are talking about, the ratio of takers versus makers in the state. "forbes" isn't trying to be mean. what they are talking about is people who receive a check from the state so they could be state workers, welfare recipients or pensioners versus those who send a check into the state because they work in private sector. they made that ratio. for example, in calif
just 34% think the economy will be stronger. that pop comes as one of the writers at "forbes" magazine identified a phenomenon called the death spiral states. these are 11 states where private sector workers are outnumbered by people dependent on the government. if you plan on buying a home or investing your money there you may be putting your hard-earned dollars at significant risk. melissa francis. you love it. >> reporter: i never get tired of hearing you say this. megyn: i...
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, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in the future of the economy, you liberate the money in private enterprise hands, that's how you get growth. there is a fundamental disagreement here about how you get growth. in the past the way we've got even growth in america is to liberate private enterprise, let the private sector get out there and grow, that has given us 4, 5, 6/% growth rates coming out of recessions in the past. this time around we've used more government spending and it hasn't worked. megyn: it's an interesting shift we're seeing. dick durbin said look at the disparity between what a navy seal earns and a hedge fu
, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in...
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a boehner loyalist. >> i fully support him. what he's trying to achieve, which is no rate increase, but try and meet the president partway on revenue. i support that. i suspect he'll negotiate a good deal. at the end of the day, he'll come back and ask us to support him. i'll probably help him again. >> okay, so, what did boehner loyalist tom cole do after they said that on "hardball" at 5:00? now, remember, john boehner heard him say that on "hardball" or his staff instantly reported to him exactly what tom cole just said on "hard
. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a...
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new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their branchs. plus the elimination of thousands of jobs. greece's finance minister says a bond buy-back program must work in order to reduce the country's huge debt. failure to communicate and you are paying for it. that is later in the grapevine. up next, is the u.n. ambassador going job hunting? [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken w
new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their...
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the economy has slowed down and we need to get people back to work and to get the economy recovered. we're burning a lot more clean- burning natural gas today and that is displacing other forms of energy. that was made possible because of four hydraulic fraction. the price has been pushed down from about $13 to about t$4. 3. we do understand the relationships between various forms of energy. we take our responsibility seriously. we have the lowest commissions in many years. host: the climate change conference is taking place in qatar. a new round of talks is beginning. the developing countries have been asked to focus on the essential tasks ahead. what are you concerned about this? guest: i think the united states should go over there with her head held high. look how we reduced our clean burning emissions. we're back to where we were 20 years ago. too many people expect to have an answer immediately and you can do that in energy policy. it took us 100 years to get off wood. we to focus on realistic aspirations. that is what we should be talking about. host: back to the keystone disc
the economy has slowed down and we need to get people back to work and to get the economy recovered. we're burning a lot more clean- burning natural gas today and that is displacing other forms of energy. that was made possible because of four hydraulic fraction. the price has been pushed down from about $13 to about t$4. 3. we do understand the relationships between various forms of energy. we take our responsibility seriously. we have the lowest commissions in many years. host: the climate...
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could be wrong but i don't think that's going to help the economy he very much. however, the president is going to do the social justice thing no matter what. >> stephanie: no justice no peace. his show is exclusively for cranky old white people, isn't it? >> pretty much. >> send them back to where they came from. >> stephanie: eventually, it will just be john mccain watching just old white men. all right. sean hannity. >> stop you at every turn! there it is! you know at my age the mind starts playing tricks. [ scream ] >> where were we? >> with the fiscal cliff in sight, it appears the democrats smell blood in the water. as you know, if a deal is not reached by january 1 a series of defense budget cuts will take hold and massive tacker hikes will hit each and every american. we've seen democrats from the president on down using the so-called crisis to ram their leftwing agenda down your throat. they want bigger taxes bigger government. >> sean hannity seems to be obsessed with things rammed down your throat. >> election you lost. ok. they're not massive tax incr
could be wrong but i don't think that's going to help the economy he very much. however, the president is going to do the social justice thing no matter what. >> stephanie: no justice no peace. his show is exclusively for cranky old white people, isn't it? >> pretty much. >> send them back to where they came from. >> stephanie: eventually, it will just be john mccain watching just old white men. all right. sean hannity. >> stop you at every turn! there it is! you...
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jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are down. the labor department reporting number of americans trying to get unemployment benefits fell 23,000 to 393,000 last week, the second straight drop after superstorm sandy had driven applications much higher earlier in the month. the labor department is saying the storm had little impact on these numbers. jenna: still too high for many investors. even in this tough economy entrepreneurs are carving out a niche, if you will, some sort of innovation. in our spotlight on small business today we are checking out a business that makes granny pods. that is what they're calling t
jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. jon: fox news alert for you now. we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy and finding a quote, balanced approach to reducing the nation's deficit. let's bring in our panel. mary katharine ham editor-at-large of hot air.com and fox news contributor. peter mirijanian former advisor to the clinton-gore and gore-lieberman campaigns. when the president arrives at the white house to speak, he will have people behind him, ordinary americans who reached out to the white house and want their $2,000 middle class tax cut preserved. republicans are saying this is essentially a campaign stunt, a campaign appearance kind of event of the he won the election. he should get on the business of governing. what do you say? >> well, one quick observation, jon. i think what
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. jon: fox news alert for you now. we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy and finding a quote, balanced approach to reducing the nation's deficit. let's bring in...
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the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights into what all of these different tax rates mean for middle class. and for the wealthiest of americans. >> announcer: this is the "bill press show." that this guy, to the best of his ability, is trying to look out for us. >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premi
the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights...
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and to strengthen this economy. we should take action before the end of the year and we should make some decisions and we should set ourselves on the path to serious deficit reduction. and we can do that. we need to just be able to work together to make that happen. >> congresswoman allyson schwartz, thank you very much. >>> coming up next, susan rice, once again, comes face to face with several republicans, and one senator in particular said she would make a better politician than a diplomat. >>> the economy, not great, but americans are still buying up their powerball tickets. why? because it is the biggest powerball jackpot in history and it just got bigger. let's say you want to get ahead in your career. how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let'
and to strengthen this economy. we should take action before the end of the year and we should make some decisions and we should set ourselves on the path to serious deficit reduction. and we can do that. we need to just be able to work together to make that happen. >> congresswoman allyson schwartz, thank you very much. >>> coming up next, susan rice, once again, comes face to face with several republicans, and one senator in particular said she would make a better politician...
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Nov 27, 2012
11/12
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that would have a bad effect on the economy. republicans have already agreed to increase taxes on the wealthy. when you heard senator gram and others say they're willing to cap deductions and close loopholes. they're willing to find new revenues we know taxes on the wealthy are going up. what we're talking about is an increase in rates. republicans tell me if the president moves off the 250,000 number to somewhere between 500,000 and a million they're going to end up agreeing to an increase in rates. that will be slight. it won't be 39.6. but that would probably end up with republicans budging there. democrats have one place to go. they have to agree to some movement on medicare reform. the president has inched over there but he is under tremendous pressure from liberals not to touch medicare. he will have to give something or republicans won't give increase in the debt ceiling. jon: you talked to bret baier a lot on "special report" and he was on yesterday and gave us a statistic our brain room developed but bret didn't get it
that would have a bad effect on the economy. republicans have already agreed to increase taxes on the wealthy. when you heard senator gram and others say they're willing to cap deductions and close loopholes. they're willing to find new revenues we know taxes on the wealthy are going up. what we're talking about is an increase in rates. republicans tell me if the president moves off the 250,000 number to somewhere between 500,000 and a million they're going to end up agreeing to an increase in...
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Nov 27, 2012
11/12
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the economy is not in a position right now where it can handle that big of a reduction. should we do those things? that is cut military spending? but it's gotta be done in the proper context at the right time. more gradually. so you know, it's going over the cliff would accomplish those things but it would also increase tax on millions of middle class americans a lot of small businesses. you know. and it would result in a lot of economic pain and hardship that we just don't need. >> bill: at the end of the day, what would be the best deal -- what's the best deal obama could get? not politically but if republicans were willing to compromise, what would the best deal that they could fashion look like? >> what you want in general here is to delay the spending cuts and tax increases in general. there are some that you should do immediately. but you want to do this as i just said until a time when the economy is capable -- when the private sector is not hoarding cash. and trade is helping out. >> bill: would be a combination of cuts. >> oh, yeah. a combination of cuts and rev
the economy is not in a position right now where it can handle that big of a reduction. should we do those things? that is cut military spending? but it's gotta be done in the proper context at the right time. more gradually. so you know, it's going over the cliff would accomplish those things but it would also increase tax on millions of middle class americans a lot of small businesses. you know. and it would result in a lot of economic pain and hardship that we just don't need. >> bill:...
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Nov 28, 2012
11/12
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it's how you get that revenue so that you don't hurt the economy. you actually get real revenue through growth. i don't think there is a large amount of disagreement on that. the key is there has to be a combination package of both revenue increases and a revenue program that actually promotes real growth, in other words, tax reform that actually promotes growth, combined with significant structural changes in the long-term expenditures for a major entitlement. let me just give you some examples, brian. in two years, the disability fund will be out of money. social security disability. there is not going to be any payments. all right? so for everybody that's on disability, the one in 17 people in this country, one out of every 17 now is collecting a disability check, there ain't going to be money in less than two years. same thing in terms of medicare part a. the part a trust fund on the worst case -- best case scenario is going to last ten years. worst case, it will be gone in four years. so to not act on these things and not to address the real pr
it's how you get that revenue so that you don't hurt the economy. you actually get real revenue through growth. i don't think there is a large amount of disagreement on that. the key is there has to be a combination package of both revenue increases and a revenue program that actually promotes real growth, in other words, tax reform that actually promotes growth, combined with significant structural changes in the long-term expenditures for a major entitlement. let me just give you some...
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Nov 29, 2012
11/12
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that helps our economy. home building and strong corporate profits, that also helped our economy. but here's the thing. when you dig deeper in the report, past that headline number of 2.7%, you know, it's not all it's cracked up to be. businesses built up bigger inventories of their products last quarter. that helps the economy now, but the thing is, it means next quarter these businesses may not buy as much. also, this increase in inventory may be because these products are just piling up and no one is buying them. also, corporate america isn't spending much on much else. computer and equipment purchases, they're down because they're not sure where the economy is headed. and consumers aren't spending as much as first estimated, either. so there's a little good, there's a little kind of bad in the report, carol. >> yeah. i was going to ask you, what does this all mean as far as the fiscal cliff goes, anything? >> reporter: you know this. the fiscal cliff is going to have a huge impact on the economy. in fact, a big european economic group this week dialed back its estimates for u.
that helps our economy. home building and strong corporate profits, that also helped our economy. but here's the thing. when you dig deeper in the report, past that headline number of 2.7%, you know, it's not all it's cracked up to be. businesses built up bigger inventories of their products last quarter. that helps the economy now, but the thing is, it means next quarter these businesses may not buy as much. also, this increase in inventory may be because these products are just piling up and...
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Nov 28, 2012
11/12
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CURRENT
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but right now if you look at the world economy we're doing okay. we're not doing great. but i think there might be domino effects if we go over the slope, cliff whatever you want to call it and then the world market starts reacting. we could see unemployment go back up. all of this -- the stock market will go down. i think there are more repercussions for going off the cliff than people realize when they say we should go off and start from scratch. now that said if we do go off the cliff, people need to be very clear about whose fault that is. it is the house republicans. they can right now, pass the tax cuts for the middle class. get that out of the way. we can figure out what to do for the top 2% of earners. a lot of republicans are giving good lip service saying we do want to pass the tax cuts. then do it. dick durbin was at the center for american progress today talking about this. okay if that's what you want to do, do it. a bill has passed the senate. pass the tax cuts for the middle class we say we agree on. we can figure out the other. >> bill: tom cole, one of t
but right now if you look at the world economy we're doing okay. we're not doing great. but i think there might be domino effects if we go over the slope, cliff whatever you want to call it and then the world market starts reacting. we could see unemployment go back up. all of this -- the stock market will go down. i think there are more repercussions for going off the cliff than people realize when they say we should go off and start from scratch. now that said if we do go off the cliff,...
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Nov 27, 2012
11/12
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report he co-produced, the impact of raising taxes on the middle class would be significant to our economy. without w that, i'll take your questions. [inaudible] >> does everyone know he's leaving? very sad. >> thanks, jay. two questions on fiscal cliff, a senator said talking about medicare and medicaid both of those conversations should not be part of the plan to avert the fiscal cliff. doesn't that complicate the president's position, he has talked about balance, talked about the willingness to put entitlements on the table as part of a package and he's got a leader from his own party saying that shouldn't be part of the discussion? >> i haven't seen those comments from senator durbin but it is the case that there are two distinct issue here's that are related which is the fiscal cliff, the deadlines essentially that we have in place, if action isn't taken will result in significant tax hikes on the one hand and across the board spending cuts on the other. that's the fiscal cliff. the other challenge is one that we've been dealing with for a long time now, the need to come to an agreeme
report he co-produced, the impact of raising taxes on the middle class would be significant to our economy. without w that, i'll take your questions. [inaudible] >> does everyone know he's leaving? very sad. >> thanks, jay. two questions on fiscal cliff, a senator said talking about medicare and medicaid both of those conversations should not be part of the plan to avert the fiscal cliff. doesn't that complicate the president's position, he has talked about balance, talked about the...
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Nov 29, 2012
11/12
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that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good idea? it is still a bad idea and i think while i think there is room for a prom promise, i don't think one person gets to decide where the compromise is. he ran on this notion of raising taxes on the wealthiest americans. he is probably going to hold firm on that. we'll see what happens over the next four weeks. as long as we are spending money on robots, don't raise any taxes. thank you very much. >> less us know what you think. follow us on twitter. up next, another twist in the administration's attempt to explain what happened the night four ame
that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good...
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Nov 27, 2012
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we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person trying to get a job whose business does not expand because the taxes increase. people do get that. the president did run on a class warfare, class envy type of argument but he only got 40 percent of the vote in my state so my state rejected the message. >> the way it stands no with the proposals i have heard and senator john mccain could be right there could be a deal in the final hour, a way to avoid this mess, but most of the stuff i see are concessions on the part of republicans on revenue and not just avoiding a rate hike but they could feed on limiting deductions that could cost the rich more? >>guest: i a
we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person...
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Nov 27, 2012
11/12
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this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of ramallah have exhumed the body of yasser arafat. a big blue tarp surrounded his grave as workers drilled through layers of concrete to reach the tomb. a murder investigation began last summer after a swiss lab found high levels of a deadly radioactive substance on arafat's clothing. now investigators have taken samples from his remains to determine if he was in fact poisoned. >>> heavy rains are flooding the uk. take a look. people were forced from their homes as streets turned into rivers in wales and england. crews rescued one elderly man and at least 500 homes have been affected and 70,00
this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of...
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Nov 22, 2012
11/12
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the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs lambasting a 2011 law that will require salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014, but workers say those costs should remain the government's responsibility. similar prothave been recently held in other cities around the country as workers urge the government to protect them. >>> phuket is an idyllic location in southern thailand has plans to lure a segment of the muslims who make up nearly 25% of the world's population. we have more. >> reporter: eight million travellers a year head to phu t phuket. ♪ >> reporter: one of phuket's annual tourism events shows what the island has to offer guests. visiting is the secretary gener general. he threw his weight behind the plan. >> if we want to cater for all sorts of clients and tourists, we need to be sensitive to their demands. >> more restaurants in phuket serve halal which means perishable. this restaurant said diners can eat in confidence w
the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs lambasting a 2011 law that will require salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014, but workers say those costs should remain the government's responsibility. similar prothave been recently held in other cities around the country as workers urge the government to protect them. >>> phuket is an...
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Nov 24, 2012
11/12
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he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is this administration and what it has done. now, when you think this is? >> the attorney general has to do this. lou: can you really see eric holder doing that? saying that we will investigate ourselves? >> if he doesn't do an independent investigation, you have the very people who have floated the idea of prosecuting general petraeus, there are all kinds of things they might do to him. there is all kinds of pressure that can be brought about. lou: are you saying th
he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually...
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Nov 27, 2012
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economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly a at with her information comments made on several networks that played down the role of terrorists in the attack on the u.s. consulate in benghazi, libya, that killed four americans including ambassador chris stevens. rice maintains she made it clear the intelligence information she had at the time was preliminary. senators have threatened to block her nomination if president obama chooses her to be his next secretary of state. >>> and the obama administration responds to the benghazi attack does not get high marks from americans. the results of a new poll out this morning shows a majority of those questioned, 54%, say they are dissatisfied with the administration's handling of the attack. >>> and the body of yasser arafat was exhumed
economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly a at with her information comments made on several networks that played down the role of terrorists in the attack on the u.s. consulate in benghazi, libya, that killed four americans including ambassador chris...
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Nov 28, 2012
11/12
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the markets, the economy. pulitzer prize-winning journalist among our guests. journalist among our guests. we will be right back. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. who went. lou: on the morning of march over third 2009 troops stationed in a combat outpost located at the bottom of three steep mountains in afghanistan were attacked by 400 insurgents one. my next guest takes a look what happened and her rogue actions of our soldiers. an untold story of american power. >> is nice to see you in. lou: i want to believe, as a white house correspondt for the last thing peop
the markets, the economy. pulitzer prize-winning journalist among our guests. journalist among our guests. we will be right back. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a...
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Nov 23, 2012
11/12
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. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched to the parliament building calling for an increase in the minimum wage. the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs on the 2011 law requiring salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014. but workers say those costs should remain the government's responsibility. similar protests have been recently held in other cities around the country as workers urge the government to protect them. one of the world's most famous traveled denations. now th
. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched...
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Nov 21, 2012
11/12
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it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his ideological instincts on the one hand and elements of the egyptian security structure, the military and the intelligence service on the other. despite his b
it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component....
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Nov 28, 2012
11/12
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MSNBCW
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if all the tax cuts expire it's bad for the economy. the president understands he's got -- he's got -- talking about lincoln, you got radical democrats that don't want to touch entitlements or don't want to touch revenue and this president is going to have to hold both sides together. >> andrea mitchell, who knows washington, incite and out, they're saying nothing and they're saying nothing, right? >> i think there is some movement. maybe i am more optimistic, a lot are arguing you have fewer people in the middle in both parties as a result of the election and don't have democrats willing to make the concessions of on spending cuts and health care, medicare as you don't have republicans on one side, but i think -- i had bob corker on yesterday or the day before with klim clyburn yesterday and they were praise ing -- clyburn was praising what corker had to say. the president has a lot of leverage. what he said to congressman cummings, don't pack your bags. we're going to be around pore a while. i have alan simpson coming on our show. >>
if all the tax cuts expire it's bad for the economy. the president understands he's got -- he's got -- talking about lincoln, you got radical democrats that don't want to touch entitlements or don't want to touch revenue and this president is going to have to hold both sides together. >> andrea mitchell, who knows washington, incite and out, they're saying nothing and they're saying nothing, right? >> i think there is some movement. maybe i am more optimistic, a lot are arguing you...
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Nov 27, 2012
11/12
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it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for being responsibility. accountability is accountability. >> charges i'm not blaming the retailers per se. i'm saying personal responsibility. it's about the people's behavior. but i think retailers for their own protection need to send out more of a zero tolerance policy. can't blame it on a bad economy. >> sean: there's a cultural phenomenon that whatever the it thing is -- i mentioned over the years, cabbage cats, tickle me elmo, sneakers, whatever it is, people have to have it that second. >> right. >> sean: why? >> right. well, it's obviously part
it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for...
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Nov 29, 2012
11/12
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even as our economy tanked. by contrast, the bill we are debating today does not include wage protections and does not adequately ensure that american workers are protected. equally important is that h.r. 6412 preserves the diversity visa program, ensuring equally opportunity to work in our great land. democrats and republicans alike have forwarded great wisdom towards this issue. now is the time to cooperate with one another and craft a truly bipartisan approach to immigration reform that provides for equality of opportunity for all of those who seek the benefit of u.s. citizenship. thank you. the speaker pro tempore: the gentleman's time has expired. the gentleman from florida. mr. nugent: continue to reserve. the speaker pro tempore: the gentleman from florida reserves his time. the gentleman from colorado. mr. polis: thank you. it's my honor to yield 2 1/2 minutes to the gentleman from oregon, mr. blumenauer. the speaker pro tempore: the gentleman from oregon is recognized for 2 1/2 minutes. mr. blumenauer:
even as our economy tanked. by contrast, the bill we are debating today does not include wage protections and does not adequately ensure that american workers are protected. equally important is that h.r. 6412 preserves the diversity visa program, ensuring equally opportunity to work in our great land. democrats and republicans alike have forwarded great wisdom towards this issue. now is the time to cooperate with one another and craft a truly bipartisan approach to immigration reform that...
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Nov 26, 2012
11/12
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FBC
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he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's right. >> lou: i'm a simple fellow and i'd like to see everybody start talking to each other. let me turn to benghazi, because, the special prosecutor. there is a sense of hopelessness that is palpable in washington, d.c., right now. because, i don't believe the congress feels that it has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is the administration, when it comes to what it has done. witness the last nine weeks. you are calling for a special prosecutor, and the fellow who has to do that work fo
he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's...
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Nov 27, 2012
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economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign t
economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we...
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Nov 22, 2012
11/12
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israel says it will end air strikes and will ease border restrictions that have stifled gaza's economy for years. israeli troops that had been poised for a possible ground war pulled back this morning. in tel aviv, most israelis were also happy to hear the news. >> i would like to believe that not fighting will always do more good than fighting. but i'm very happy to hear that. >> reporter: egypt's new islamist government was the driving force behind the negotiations to end the conflict with diplomatic help from secretary of state hillary clinton. clinton spent two days shuttling between jerusalem, the west bank and cairo. >> people of this region deserve the chance to live free from fear and violence and today's agreement is a step in the right direction. >> reporter: clinton expects egypt to play a key role in maintaining peace. susan mcginnis, cbs news, washington. >>> the woman of who has taken a lot of heat in the aftermath of the benghazi attack is now defending herself. yeah. for weeks, u.n. ambassador susan rice has been attacked by senator john mccain for participating in what
israel says it will end air strikes and will ease border restrictions that have stifled gaza's economy for years. israeli troops that had been poised for a possible ground war pulled back this morning. in tel aviv, most israelis were also happy to hear the news. >> i would like to believe that not fighting will always do more good than fighting. but i'm very happy to hear that. >> reporter: egypt's new islamist government was the driving force behind the negotiations to end the...
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's normally a great tool for the minority to have a voice. it can slow down a discussion of a bill. it allows the minority to make changes before a vote. filibuster can also kill a bill, even if the majority of senators want to pass it. now over the last four years, the republicans have been using the filibuster as really a political weapon to cripple the senate and movement at all. here's a comparison. lyndon johnson served as senate majority leader for the
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep...